Get-rich-quick schemes target teens on social media with flashy lifestyles, rented luxury and promises of guaranteed returns.
Warning signs: 'guaranteed', 'double your money', secret strategies, countdowns, fake celebrity endorsements and fees to withdraw.
Ask the panel's questions: how does it work, who checks it, can I take my money out?
A boring savings account is still there next week.
The rule from the episode: guaranteed money? Guaranteed scam.
The rule: Guaranteed money? Guaranteed scam.
Phishmael & Friends